Silvercorp Metals Inc.

NYSEAM:SVM Stock Report

Market Cap: US$732.7m

Silvercorp Metals Valuation

Is SVM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SVM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SVM ($3.42) is trading above our estimate of fair value ($1.94)

Significantly Below Fair Value: SVM is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SVM?

Key metric: As SVM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SVM. This is calculated by dividing SVM's market cap by their current earnings.
What is SVM's PE Ratio?
PE Ratio13.4x
EarningsUS$55.68m
Market CapUS$732.66m

Price to Earnings Ratio vs Peers

How does SVM's PE Ratio compare to its peers?

The above table shows the PE ratio for SVM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.6x
GATO Gatos Silver
32.4x19.6%US$1.1b
DRD DRDGOLD
11.4xn/aUS$833.9m
RYI Ryerson Holding
37.6xn/aUS$789.2m
GSM Ferroglobe
20.9x49.4%US$841.7m
SVM Silvercorp Metals
13.4x41.3%US$1.0b

Price-To-Earnings vs Peers: SVM is good value based on its Price-To-Earnings Ratio (13.4x) compared to the peer average (25.6x).

Price to Earnings Ratio vs Industry

How does SVM's PE Ratio compare vs other companies in the US Metals and Mining Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VITF.F Victoria Gold
2.1xn/aUS$23.43m
BMXI Brookmount Explorations
0.5xn/aUS$5.42m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
ZCRM.F Zincore Metals
0.5xn/aUS$852.33k
SVM 13.4xIndustry Avg. 19.9xNo. of Companies8PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SVM is good value based on its Price-To-Earnings Ratio (13.4x) compared to the US Metals and Mining industry average (19.9x).

Price to Earnings Ratio vs Fair Ratio

What is SVM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SVM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.4x
Fair PE Ratio30.1x

Price-To-Earnings vs Fair Ratio: SVM is good value based on its Price-To-Earnings Ratio (13.4x) compared to the estimated Fair Price-To-Earnings Ratio (30.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SVM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$3.42
US$5.30
+55.1%
2.2%US$5.40US$5.14n/a3
Nov ’25US$4.61
US$5.35
+16.0%
1.7%US$5.42US$5.19n/a4
Oct ’25US$4.39
US$5.30
+20.7%
2.9%US$5.56US$5.19n/a4
Sep ’25US$3.79
US$5.26
+38.9%
1.9%US$5.43US$5.19n/a4
Aug ’25US$3.50
US$5.22
+49.0%
3.0%US$5.43US$5.08n/a3
Jul ’25US$3.36
US$5.19
+54.4%
9.6%US$5.94US$4.54n/a4
Jun ’25US$3.99
US$5.18
+29.9%
9.6%US$5.94US$4.54n/a4
May ’25US$3.21
US$5.18
+61.3%
9.6%US$5.94US$4.54n/a4
Apr ’25US$3.45
US$4.36
+26.4%
20.0%US$5.94US$3.50n/a5
Mar ’25US$2.47
US$4.37
+77.0%
19.8%US$5.94US$3.53n/a5
Feb ’25US$2.41
US$4.60
+90.8%
20.4%US$5.98US$3.34n/a4
Jan ’25US$2.63
US$4.56
+73.2%
21.8%US$6.07US$3.28n/a4
Dec ’24US$2.90
US$4.56
+57.1%
21.8%US$6.07US$3.28n/a4
Nov ’24US$2.19
US$4.51
+105.9%
20.0%US$6.07US$3.25US$4.615
Oct ’24US$2.35
US$5.14
+118.7%
12.3%US$6.07US$4.08US$4.395
Sep ’24US$2.58
US$5.14
+99.2%
12.3%US$6.07US$4.08US$3.795
Aug ’24US$3.04
US$5.16
+69.7%
13.0%US$6.07US$3.98US$3.505
Jul ’24US$2.82
US$5.18
+83.8%
8.2%US$5.87US$4.54US$3.365
Jun ’24US$3.15
US$5.07
+61.0%
9.1%US$5.87US$4.46US$3.995
May ’24US$3.62
US$4.69
+29.7%
5.9%US$5.17US$4.43US$3.215
Apr ’24US$3.82
US$4.47
+17.1%
8.2%US$4.94US$4.04US$3.455
Mar ’24US$3.22
US$4.41
+37.1%
9.2%US$5.05US$3.93US$2.476
Feb ’24US$3.55
US$4.27
+20.4%
5.7%US$4.61US$3.93US$2.416
Jan ’24US$2.96
US$3.89
+31.3%
13.2%US$4.42US$2.93US$2.636
Dec ’23US$2.96
US$3.85
+29.9%
13.5%US$4.44US$2.99US$2.906
Nov ’23US$2.48
US$3.82
+54.0%
14.4%US$4.44US$2.90US$2.196

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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